Burgin Mine

The Burgin Mine is located in the East Tintic Mining District, Utah, about 60 miles southwest of Salt Lake City, Utah. The Burgin Mine has not been in operation since 1978. Among other things, any plan to re-start the Burgin Mine would be subject to a feasibility study, significant capital investment and regulatory approvals, including regulatory permission to dewater the Burgin Mine. The Trixie Mine is located approximately 1.5 miles from the Burgin Mine's concentrating mill. The Trixie Mine is a gold-silver mine and was in production from late 2001 until closure in March 2002 due to unstable mining conditions. The Trixie Mine has not operated since 2002.